The number of powertrain component suppliers will drop 40% over the next 18 to 22 months,as those companies join the interior suppliers ill the drive toward sv-stems integration and globalization.
As engines are redesigned for manufacurabilitv there mill be fewer parts. That translates into a reduction in the supply base.
It is already beginning.
Just last month, huge FederalMogul offered to buy U.K.-based T&NT Group for $2.4 billion as part of its campaign to be the largest sealing-system supplier in the world and a leading maker of engine components. FederalMogul is now the world's largest bearing supplier. In the deal, T&N would get the needed influx of …
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